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BNY

Safeguards and moves assets for investors

Vice President - Middle Office, Trade Management

Operations & LogisticsConfirmed live in the last 24 hours
Full-timeSingaporeNo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in finance or an equivalent combination of education and experience is required.
  • Nine to ten years of relevant experience in Middle Office operations is required.

Responsibilities

  • Manage a team of Middle Office operations staff responsible for Trade Management activities, including security and foreign exchange transactions for clients who have appointed BNY as their service provider.
  • Handle trade-related inquiries from internal stakeholders, external clients, counterparties such as brokers and custodians, and vendors.
  • Oversee processing, trend analysis, client engagement, TPG review (SLA), process improvement, industry specialization, architectural awareness, incident management, and onshore recovery (processing).
  • Manage the performance of assigned staff and set team priorities.
  • Manage the day-to-day work of the Middle Office operations team to ensure successful execution of daily workflows, including internal trade support and required daily and ad hoc reporting across equity, fixed income, and foreign exchange transactions on behalf of clients.
  • Manage relationships with assigned clients, ensure questions are answered, and resolve transaction issues.
  • Manage processes and provide team oversight to ensure records are maintained in accordance with departmental policies and procedures.
  • Support evaluation of new clients and determine how to allocate each client among team members.
  • Achieve team goals and objectives, manage talent, and supervise Middle Office operations staff, taking input from the Middle Office Team Leader.
  • Conduct JSIT, JUAT, and UAT testing for Middle Office Operations and handle client engagement during each phase.
  • Ensure the overall success of client testing and conversions, maintaining client satisfaction by monitoring project quality, efficiency, and the direct client experience.

Desired Qualifications

  • One to two years of team management experience is preferred.
  • Product knowledge of bonds/fixed income, equity, foreign exchange, and non-deliverable forwards.
  • Stock market knowledge, including China Bond Connect and the Interbank Bond Market, Hong Kong Stock Connect, India government bonds, and Korea government bonds.
  • Digital and system/vendor knowledge, including Alteryx, Bloomberg, DTCC ALERT and CTM, Refinitiv Eikon, and Tradeweb.

About the Company

BNY

Safeguards and moves assets for investors

BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1784

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